ARTICLES LABELLED WITH TAG Poland

The cornerstone-laying ceremony at City Point Okęcie marked the official launch of the construction of the project. The event also provided an opportunity to formally announce Welcome Airport Services as the sole tenant of the warehouse. Jointly developed by Peakside Capital Advisors and Partners Group, the 11,000 sqm project incorporates sustainable construction practices alongside advanced technologies in energy efficiency and water management. The facility is scheduled for completion in the third quarter of 2025.

The flex office provider New Work is set to open a new location in the Metron office building in Warsaw. The eighth floor of the building will be operated by New Work under a management agreement in a partnership model with the property co-owners, Alides and Aya Properties Fund. The negotiation process was supported by Axi Immo.

A consortium of banks, Santander Bank Polska and Helaba (Landesbank Hessen-Thüringen), has granted AFI a €120 million loan to refinance four PRS projects under the AFI Home brand in Warsaw, Kraków, and Wrocław. This is one of the largest PRS financing transactions in Poland to date. 

Panattoni has completed the expansion of Panattoni Park Koluszki and obtained an occupancy permit. Located in central Poland, the industrial park is now fully leased.

Traditional shopping centres and retail parks continue to attract visitors and remain popular destinations for shopping, socialising and entertainment. They are valued for their modern facilities, strong offerings and appealing promotions. But do customers prefer retail parks for grocery shopping? Where do they tend to purchase clothing or cosmetics? What is the demographic profile of shoppers? To answer these and many other questions, global real estate services firm Cushman & Wakefield has conducted a survey, the findings of which are presented in its latest report. Cushman & Wakefield notes that despite evolving shopping trends, both retail formats continue to hold strong appeal. 

Panattoni has secured financing from mBank for its latest project in the Małopolska region of Poland. The €26 million funding will be used to develop the new logistics complex, Panattoni Park Kraków East V.

With warehouse and industrial stock of nearly 35 million sqm, Poland’s market has stabilised at a healthy level. In 2024, take-up rose by 4 per cent year-on-year. Meanwhile, development activity slowed significantly, with only 1.75 million sqm under construction in December, down from 2.8 million sqm at the same time in 2023 and from over 4.6 million sqm at its peak in 2021, says Newmark Polska. 

The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to €120 million to AFI Europe to support its development pipeline in Serbia, Poland, Romania, and Czechia. 

Ewa Andrzejewska, Chief Operating Officer at Polish Chamber of Commercial Real Estate (PINK), has talked to Property Forum about the improving conditions in the office market in Poland, the never-ending turmoil over REITs and incoming legislative changes.

More than 2.6 million sqm of industrial and logistics space was delivered across Poland in 2024. While this was below the new supply levels recorded in previous years, the Polish market remains in good shape. Vacancy rates edged down, with development activity driven by demand coming from retail and 3PL, according to BNP Paribas Real Estate Poland’s latest report.